Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-This weekend, the first Computer Sciences Corp. employees will move into the company’s new building at 400 W. Cesar Chavez St.

CSC staff will occupy two of the building’s five floors of office space. The company is working to sublease 108,000 sf on the other floors, Howard Falkenberg, a spokesman for CSC in Austin, tells GlobeSt.com. The CSC building under construction just east of 400 W. Cesar Chavez should be finished by Nov. 1 and will be fully occupied by CSC.

The 400 W. Cesar Chavez building is the first of several new projects to be ready for tenants and it comes to the Downtown market at a time when leasing has slowed and occupancy rates are decreasing. It joins the under-construction 300 W. Sixth St. and several other Downtown buildings in the space-hawking business.

CSC, based in El Segundo, CA, is a computer software and services company. Its Financial Services Group is based in Austin.

Falkenberg says the 400 W. Cesar Chavez building has been finished for a couple of weeks and crews have been doing exterior cleaning. Over the course of four weekends, the CSC team will move into the office space. “We’re doing it on the weekends to create minimal disruption and working around the client delivery schedules of these work groups,” Falkenberg says.

Falkenberg, president of Austin public relations firm Staats Falkenberg & Partners, says CSC is not releasing the lease rates for the 108,000 sf, but says they are competitive with the market. United Systems Integrators Inc., based in Stamford, CT, handles the leasing for CSC. USI manages CSC’s real estate portfolio in North America.

The other building will have more CSC-specific operations such as a customer data center, training center and executive offices. The data center will become operational when the building is finished and its workers will be the first to move in later this year, Falkenberg says. The rest of the move-in will be in 2002.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.